2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    When the new partner brings cash for goodwill, the amount is credited to:              (CBSE 2015)

    A) revaluation account

    B) cash account

    C) premium for goodwill account

    D) realisation account

    Correct Answer: C

    Solution :

    [c] premium for goodwill account


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